The City of Stockton Plan of Adjustment (bankruptcy exit plan) was confirmed by Judge Christopher Klein and became effective February 25, 2015. The following documents have been filed with the Bankruptcy Appellate Panel, Case No. 14-1550.
A hearing with the Bankruptcy Appellate Court took place, Thursday, November 19, 1:30p, at the United States Courts of the Ninth Circuit Federal Courthouse in Sacramento. The BAP decision was issued on December 11, 2015; the BAP dismissed Franklin's Appeal of the Confirmation Order issued by Judge Christopher Klein.
January 11, 2016, was the deadline for Franklin High Yield Fund (Franklin) to continue its appeal of the order confirming the City’s Chapter 9 bankruptcy Plan of Adjustment to a higher court, and Franklin chose not to do so.
A link to the website for the United States Courts of the Ninth Circuit is provided under External Links below.
Doc 5 - Michael Cobb Appeal
This City of Stockton web page last reviewed on --- 1/20/2016